Lingyuan Iron & Steel Co., Ltd.

Lingyuan Iron & Steel Co., Ltd.verified

600231.SS

Price:

$1.88

Market Cap:

$5.24B

Lingyuan Iron & Steel Co., Ltd. engages in the production, operation, and development of metallurgical products; and mining, washing, and deep processing of ferrous metal ores in China. The company offers hot-rolled round steel, rebars, medium and wide belts, wire rods, and welded steel pipes. It also exports its products to approximately more than 30 countries. The company is based in Lingyuan, China.

Industry

Steel

IPO Date

2000-05-11

Stock Exchange

SHH

Ticker

600231.SS

The Current Ratio as of July 2025 (TTM) for Lingyuan Iron & Steel Co., Ltd. (600231.SS) is 0.54

According to Lingyuan Iron & Steel Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.54. This represents a change of -2.10% compared to the average of 0.55 of the last 4 quarters.

Lingyuan Iron & Steel Co., Ltd. (600231.SS) Historical Current Ratio (quarterly & annually)

How has 600231.SS Current Ratio performed in the past?

The mean historical Current Ratio of Lingyuan Iron & Steel Co., Ltd. over the last ten years is 0.79. The current 0.54 Current Ratio has changed 6.76% with respect to the historical average. Over the past ten years (40 quarters), 600231.SS's Current Ratio was at its highest in in the September 2021 quarter at 1.08. The Current Ratio was at its lowest in in the June 2024 quarter at 0.53.

Quarterly (TTM)
Annual

Average

0.79

Median

0.75

Minimum

0.56

Maximum

1.06

Lingyuan Iron & Steel Co., Ltd. (600231.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lingyuan Iron & Steel Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 37.97%

Maximum Annual Current Ratio = 1.06

Minimum Annual Increase = -23.70%

Minimum Annual Current Ratio = 0.56

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.57-21.67%
20230.73-15.98%
20220.87-17.69%
20211.068.47%
20200.9812.80%
20190.8713.06%
20180.773.53%
20170.7431.38%
20160.56-23.70%
20150.7437.97%

Lingyuan Iron & Steel Co., Ltd. (600231.SS) Average Current Ratio

How has 600231.SS Current Ratio performed in the past?

The current Current Ratio of Lingyuan Iron & Steel Co., Ltd. (600231.SS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.73

5-year avg

0.84

10-year avg

0.79

Lingyuan Iron & Steel Co., Ltd. (600231.SS) Current Ratio vs. Peers

How is 600231.SS’s Current Ratio compared to its peers?

Lingyuan Iron & Steel Co., Ltd.’s Current Ratio is less than Nanjing Iron & Steel Co., Ltd. (0.77), greater than Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. (0.38), less than Hang Zhou Iron & Steel Co.,Ltd. (1.37), greater than Maanshan Iron & Steel Company Limited (0.45), greater than Anyang Iron and Steel Co., Ltd. (0.53),

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